How to Detect RSI Divergence in Pine Script

Поділитися
Вставка
  • Опубліковано 23 лис 2024

КОМЕНТАРІ • 60

  • @TheArtOfTrading
    @TheArtOfTrading  Рік тому +5

    *Source Code:* courses.theartoftrading.com/pages/how-to-detect-rsi-divergence-in-pine-script
    *More Free Content:* theartoftrading.com/

    • @dueth5713
      @dueth5713 Рік тому

      Could you do a macd crossover divergence video! That would be awesome. Thanks for the unmatched content as always

  • @n0kr1pt0
    @n0kr1pt0 Рік тому +7

    Yes, please, I'd like you to pursue this script idea in further detail. How? 2 ways:
    1/ Taking in consideration just the bodies of the candles (opening&closing prices), not the wicks
    2/ Including, for example (but this is much more complex even), hidden, weak and medium divergences

  • @01PhilIsis
    @01PhilIsis Рік тому

    I have been trying to learn pinescript coding for a few weeks now. I had computer programing experience in the last century but boolian logic is all ways the same.
    I think you are an excelent teacher and I appriciate your method of presenting the lesson.
    I also like that you are presenting challenging concepts to stimulate our learning curve.

  • @yuriramoscardoso5329
    @yuriramoscardoso5329 Рік тому +1

    "First of all, congratulations on the content. I really enjoyed the way you explain things, and in my opinion, you're one of the best in the field! I would like to know if your course has subtitles or if there's a possibility to download the transcript. I'm from another country, and here on UA-cam, I end up using translated captions to better understand. It's not ideal, but it's enough for me to grasp the lesson. Sorry if there's anything written incorrectly; I used Google Translate. :D"

  • @Porphyrogenitus1
    @Porphyrogenitus1 Рік тому +1

    I'd like to pursue this script idea in further detail by taking a page from "CT Reverse Cutlers RSI" but for the regular Wilder's RSI: the price levels table at which RSI will continue up (or down) or flip, enter various zones (Bull Control, Bear Control), and so forth. I can't really figure out how to code it for regular RSI.

  • @Alphaa101
    @Alphaa101 Рік тому +1

    Still Waiting for Part 2 of this code, Thanks you

  • @gr131
    @gr131 Рік тому

    Hi, thanks for covering this topic, was looking into for a while. Great idea to set some distance to define the minimum slope of divergence. Of course that is only a first step, I also like the idea to add smoothed RSI and that smoothed RSI crossing RSI moving average. The strategy would be after divergence look for that crossing, at that point the movement usually is stronger and reversed.

  • @peyans
    @peyans Рік тому +1

    Hello Where i can copy The Latest Long & Short Script? Thanks

  • @reylopez5337
    @reylopez5337 Рік тому +1

    i am currently experimenting with this indicator to add the candle pattern confirmation, i personally love the three outside up & three outside down candle patterns as my confirmation. my question is: how to add it ? IS IT JUST ADDING ((AND)) then the candle code?
    BTW, i finally finished completing my $1200/month child support so now i can afford to join your PSMC, i cant wait, me and my son will be joining. Thank you for all you do, i have leaned so much because of you.

  • @chuperstar
    @chuperstar Рік тому

    Interested in further development of this type of script! Awesome video.

  • @Aj-po9dc
    @Aj-po9dc Рік тому

    12:00 Yes please, If you have time and find it in your heart to expand on this code... Maybe into objects and arrays and detecting reversal candle stick patterns... all while focused on ultra optimizing divergences... ❤
    LoL... 😂
    I do enjoy your videos though! Thank you. I learn lots from you!

  • @TheEcherriman
    @TheEcherriman Рік тому

    Just found this - looks great, thank you. Any way you could develop this script would be very welcome

  • @tradermonk123
    @tradermonk123 Рік тому +1

    Plz remlve art of option learning video trade mark issue

  • @AnthonysTradingChannel
    @AnthonysTradingChannel Рік тому +1

    Your video was good! Thanks for sharing it with us.

  • @Alphaa101
    @Alphaa101 3 місяці тому +1

    Do you have any plan more improve this code?

  • @dome4life736
    @dome4life736 Рік тому

    I'd love to see how you would improve that script, however! Love your channel.

  • @thomasreinhardt3626
    @thomasreinhardt3626 Рік тому

    What we all need: A trailing profit and thus reasonable exit points.
    Anyone who has been programming PINE for a number of years, like me, not only knows the inadequacies of PINE, but also that entry points are easy to find and program.
    The exit points are much more complex.
    I would like it if you would publish your ideas on this.
    I find rigid profit-loss ratios boring because then really strong trends are not followed and re-entry is difficult.

  • @Nowheredotcom
    @Nowheredotcom Рік тому

    Nice video, I did it with ta.pivotlow and high, why didn't you use this, interested in knowing as that adds the element of confirmation?

  • @gigisducktales
    @gigisducktales Рік тому

    Yes please expand ! btw shoutout to matt! mastery course worth it 10/10!

  • @piper8463
    @piper8463 Рік тому

    Nice - I really like this. I trade a Back Burner set up with RSI but with a twist. I look at two timeframes. For a day trade I watch 5min Over Sold and then watch for the 1 minute Divergence.
    Swing trades I use a 4hr OS / OB trading with the trend. And look at the 1 hourDivergence. Is there a way to do inputs for two different timeframes?

  • @curiouskittycat5977
    @curiouskittycat5977 2 місяці тому

    Or look at that example you have. If you draw a horizontal line at 40 RSI, then you can have two "u"s under 30 and then under 40. Min between those 2x verticals on RSI should be LL, HL and on the same vertical price should do LL, LL. And there we go: divergence much simpler. It might not detect all o the cases, but it doesn't have to. :)

  • @dougie1928
    @dougie1928 Рік тому

    Nice Vid how about making it into an array so alerts can be detected accross multiple pairs?

  • @maheshvekariya1194
    @maheshvekariya1194 Рік тому

    Thank you so much for sharing the knowledge

  • @aneeshkumara755
    @aneeshkumara755 Рік тому

    Amazing stuff .. Thanks for sharing !!

  • @impactsoft2928
    @impactsoft2928 Рік тому

    can you come a video about how to write pinescript to detect symmetrical triangle

  • @pietervanniekerk9628
    @pietervanniekerk9628 Рік тому

    Great script Matt!!

  • @panosoris9755
    @panosoris9755 Рік тому

    Thank you for the code
    Your channel is the best

  • @Alphaa101
    @Alphaa101 Рік тому +1

    Waiting for Part 2 of this code

  • @JayJay-oi5cz
    @JayJay-oi5cz Рік тому

    Amazing free content

  • @arsalanbhagwanee6714
    @arsalanbhagwanee6714 Рік тому

    Hi, can you make a video on hidden and divergence?

  • @sempoiabeh
    @sempoiabeh Рік тому

    How to detect divergence between price and indi that has no built-in function like CVD - Cumulative Volume Delta Candle (by tradingview) ?

    • @PineTheChart
      @PineTheChart Рік тому

      You can copy-paste the TradingView CVD script and replace the RSI values used for the divergences by the CVD values

  • @Alphaa101
    @Alphaa101 Рік тому +1

    Please pursue this script idea

  • @johnnytheodoruswiekhart2920

    Multiple drives of divergence would be nice!

  • @mandotav7333
    @mandotav7333 Рік тому

    Hello Mate,
    Thx for your Script. Can you add Hidden divergence too? I will Love IT. Thx a lot

  • @pa222u
    @pa222u 9 місяців тому

    Thank you sir

  • @muhammadmasoom6400
    @muhammadmasoom6400 Рік тому

    Welldone ❤🎉

  • @rsimacdadxiphone
    @rsimacdadxiphone Рік тому

    Is it possible to have a bounded oscillator that isn't divergent from price?

  • @theinvestking
    @theinvestking Рік тому

    The fact tht I understood more than 3/4 of what was being shown is suprising to me lol.

  • @Alphaa101
    @Alphaa101 11 місяців тому

    When part 2?

  • @Alphaa101
    @Alphaa101 Рік тому +1

    Still Waiting

  • @singgangsahamsawit2426
    @singgangsahamsawit2426 Рік тому

    great

  • @PineTheChart
    @PineTheChart Рік тому

    Thank you for sharing this great and inspiring content !
    I think it is more relevent to compare the RSI (based on close) to close price instead of price low. I've coded a really nice way to plot RSI Candles (based on atr and wick sizes) which seems to make sens. Let me know if you're interested to check it out :)

  • @dome4life736
    @dome4life736 Рік тому

    Phew sh*t... Your videos were A LOT more comprehensible when you explained while you coded each line instead of dropping a chunk of code and briefly going over it - I have knots in my head now... Not sure if I understand everything, but I'll have to go over it again (and probably again after that).

  • @carriagereturned3974
    @carriagereturned3974 4 місяці тому

    if this is "art" indicator, then i am santa claus.

  • @Alphaa101
    @Alphaa101 11 місяців тому

    still waiting

  • @aammssaamm
    @aammssaamm Рік тому +2

    Oh! Those history charts where anyone can detect a divergence! 😂 Show the results and stats in real time.

  • @MQL_PINE
    @MQL_PINE Рік тому

    Bro please change your attitude and make video based on money management, this is the key. ALL kinds of technical analysis are useless ,you know it

  • @reylopez5337
    @reylopez5337 Рік тому

    i have successfully built a strategy using your RSI divergence code and added a Engulfing candle and 200EMA as confluence, I also added the PineConnector code BUT I AM GETTING A {SL=Nan} and so that is my problem.
    [ i am also gonna try to make the hidden divergence code too]❤

  • @ganeshwagalgave0987
    @ganeshwagalgave0987 Рік тому

    Are you the one who is demanding money from ghansham tech, ?for having brands name license, if yes, then it's going to be very hard game for you

  • @sayedarmanullah1927
    @sayedarmanullah1927 Рік тому

    First

  • @Servetogod.
    @Servetogod. Рік тому +1

    Bhai tu hi hai na ghanshyam sir ko trademark strike maar raha hai...... Tere paas jitni subscriber hai na utne unke live mai aate hai..... Chup chap strike Hata de ... Aur paise ki demand kr raha hai tu sharam kr

    • @nilesh4685
      @nilesh4685 Рік тому

      Same bhai ye kaise kaise log hai jo ghanshyam sir ko pareshan kar rhe hai. Inhone free me sbko shikhaya hai pr UA-cam strike maar di. Logo ne.

    • @Servetogod.
      @Servetogod. Рік тому

      @@nilesh4685 iske account pe itni report kro akal aa jaye